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Howard Stern Disses Britney Spears Over "X Factor" Gig

FOX is reported to have shelled out $15 million for Britney Spears to judge "The X Factor" -- but according to Howard Stern, it wasn't the brightest investment.

"I think it’s a wonderful decision. Britney still thinks the earth is flat," Stern reportedly joked at a press conference at the New York Friars Club today.

"I can't imagine… I think we’re going to tune in to see her, to see if she can function through the thing," he also said to the crowd. "As far as any real criticism, I think Simon [Cowell] and LA Reid will do that. I think Britney will sit there and eat a lollipop and wear a sexy outfit."

So ... will he watch?

"I'll tune in to see what kind of trainwreck she is, absolutely," he added. Who's with him?